Zojirushi (TSE:7965) Cyclically Adjusted PB Ratio: 1.13 (As of Aug. 04, 2026) — 31% Below Median

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TSE:7965 Zojirushi Corp TSE:7965
76 GF Score
Price 円1,400.00
GF Value 円1,775.54
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Zojirushi Cyclically Adjusted PB Ratio?

Zojirushi TSE:7965 -2.17% 76 Cyclically Adjusted PB Ratio is 1.13 as of Aug. 04, 2026, which is 31% below its 10-year median of 1.64. GuruFocus rates TSE:7965 with a GF Score™ of 76/100 and a GF Value™ of 円1,775.54 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 334 Furnishings, Fixtures & Appliances companies, Zojirushi ranks better than 50.9% on this metric.

As of today (2026-08-04), Zojirushi's current share price is 円1400.00. Zojirushi's Cyclically Adjusted Book per Share for the fiscal year that ended in Nov25 was 円1,234.92. Zojirushi's Cyclically Adjusted PB Ratio for today is 1.13.

The historical rank and industry rank for Zojirushi's Cyclically Adjusted PB Ratio or its related term are showing as below:

TSE:7965' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.12   Med: 1.64   Max: 2.78
Current: 1.14

During the past 13 years, Zojirushi's highest Cyclically Adjusted PB Ratio was 2.78. The lowest was 1.12. And the median was 1.64.

TSE:7965's Cyclically Adjusted PB Ratio is ranked better than
50.9% of 334 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.195 vs TSE:7965: 1.14

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Zojirushi's adjusted book value per share data of for the fiscal year that ended in Nov25 was 円1,397.118. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is 円1,234.92 for the trailing ten years ended in Nov25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zojirushi  (TSE:7965) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Zojirushi Cyclically Adjusted PB Ratio Related Terms


Zojirushi Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Zojirushi's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Zojirushi Cyclically Adjusted PB Ratio Chart

Zojirushi Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.72 1.59 1.44 1.32 1.36

Zojirushi Semi-Annual Data
Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25 May26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.38 1.32 1.14 1.36 1.17

TSE:7965 vs SN, SGI, MHK: Cyclically Adjusted PB Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Zojirushi's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Zojirushi Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Zojirushi's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Zojirushi's Cyclically Adjusted PB Ratio falls into.


TSE:7965
76GF Score
Zojirushi Corp TSE:7965
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zojirushi Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Zojirushi's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1400.00/1234.92
=1.13

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Zojirushi's Cyclically Adjusted Book per Share for the fiscal year that ended in Nov25 is calculated as:

For example, Zojirushi's adjusted Book Value per Share data for the fiscal year that ended in Nov25 was:

Adj_Book=Book Value per Share/CPI of Nov25 (Change)*Current CPI (Nov25)
=1397.118/113.2000*113.2000
=1,397.118

Current CPI (Nov25) = 113.2000.

Zojirushi Annual Data

Book Value per Share CPI Adj_Book
201611 894.463 98.600 1,026.909
201711 989.092 99.100 1,129.821
201811 1,022.342 100.000 1,157.291
201911 1,040.605 100.500 1,172.104
202011 1,069.559 99.500 1,216.825
202111 1,127.042 100.100 1,274.537
202211 1,189.676 103.900 1,296.163
202311 1,248.378 106.900 1,321.949
202411 1,318.089 110.000 1,356.433
202511 1,397.118 113.200 1,397.118

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 1.13 mean?
Zojirushi (TSE:7965) has a Cyclically Adjusted PB Ratio of 1.13 as of Aug. 04, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Zojirushi and its competitors. This is 31% below median its historical median of 1.64. Over the past decade, Zojirushi's Cyclically Adjusted PB Ratio has ranged from 1.12 to 2.78. According to the industry distribution chart, Zojirushi ranks #164 out of 334 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 49.1%.
Is Zojirushi's Cyclically Adjusted PB Ratio too high?
Zojirushi's current Cyclically Adjusted PB Ratio of 1.13 is 31% below median its 10-year median of 1.64. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 2.78. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PB Ratio is 1.20. Zojirushi's value of 1.13 is 5.4% below this industry median. Based on the distribution chart, Zojirushi ranks #164 out of 334 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Zojirushi has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zojirushi's Cyclically Adjusted PB Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Zojirushi ranks #164 out of 334 companies for Cyclically Adjusted PB Ratio. This puts Zojirushi in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. Zojirushi's value of 1.13 is 5.4% below this benchmark. Historically, Zojirushi's own Cyclically Adjusted PB Ratio has ranged from 1.12 to 2.78 over the past decade. While the company's 10-year median is 1.64 vs. the industry median of 1.20, Zojirushi has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PB Ratio among Furnishings, Fixtures & Appliances companies is 1.20, based on 334 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Zojirushi's current Cyclically Adjusted PB Ratio of 1.13 is 5.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Zojirushi and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zojirushi's current Cyclically Adjusted PB Ratio is 1.13, which is 31% below median its own 10-year median of 1.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zojirushi stock overvalued right now?
Based on GuruFocus' analysis, Zojirushi (TSE:7965) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,775.54, compared to a current price of 円1,400.00 — trading 21.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.13, which is 31% below median its 10-year median of 1.64 and 5.4% below the Furnishings, Fixtures & Appliances industry median of 1.20. Zojirushi's overall GF Score™ is 76/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Zojirushi (TSE:7965), the current Cyclically Adjusted PB Ratio is 1.13 as of Aug. 04, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Zojirushi (TSE:7965) Overvalued in 2026?

Based on GuruFocus' analysis, Zojirushi stock appears to be undervalued. The current stock price of 円1,400.00 is trading 21.2% below its estimated GF Value™ of 円1,775.54. GuruFocus considers Zojirushi to be Modestly Undervalued.

Key valuation signals for TSE:7965:

  • Cyclically Adjusted PB Ratio: 1.13 (31% below median its 10-year median of 1.64)
  • GF Value™: 円1,775.54 vs. price of 円1,400.00 (21.2% below fair value)
  • GF Score™: 76/100 with 1 warning sign
  • Industry Position: 5.4% below the Furnishings, Fixtures & Appliances median (#164 of 334)

No single metric tells the full story. See the TSE:7965 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zojirushi Business Description

Other Exchanges ZOJIF:USA
Address 1-20-5, Tenma, Kita-ku, Osaka, JPN, 530-8511
Zojirushi Corp engages in the manufacturing and sales of cooking appliances, household appliances, living products and related businesses. Its products include Rice cookers/warmers, Electric pots, Electric kettles, Electric griddles, Coffee makers, Oven ranges, Glass carafes, Stainless-steel vacuum bottles, Stainless-steel tumblers, Stainless-steel food jars, Thermal lunch boxes, Stainless-steel carafes, Steam humidifiers, Air cleaners, Dish dryers, and Bedding dryers.
76GF Score

Get the complete analysis for TSE:7965

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,400.00
Price
円1,775.54
GF Value